This is Optimal Finance Daily. Is a gym membership worth it or a waste of money?

By Vicky Cook and Amy Blacklock of Women Who Money.com

and I'm your host and personal finance enthusiast, Diana Meriam.

Now let's get right to it and continue optimizing your life.

Is a gym membership worth it or a waste of money by Vicky Cook and Amy Blacklock of

of Women Who Money.com?

You're working hard to pay down debt, build an emergency fund, save for your

children's college years, or fund your retirement, maybe all of those. You're also determined to improve your health and reduce stress too.

But when you pay your gym membership each month, you ask yourself if you're wasting money

you could be putting towards other financial

goals. You know there are plenty of ways to work out for little to no money, but you

also believe paying for your membership motivates you to work out.

So is your gym membership worth it or are you wasting money?

Let's find out.

Spending on gym memberships.

According to Statista, close to 61 million people were members of

fitness centers last year, with an average monthly membership fee of about $60.

Paying for your workouts may not seem like a budget busting expense.

But some reports state almost 70% of memberships go unused after the first few months.

An NPR article suggests the business model of most gyms

depends on people paying for memberships and not showing up. join gyms to focus on their members.

People obviously join gyms to focus on their health and physical fitness.

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